Finalised guidance – Advising on pension transfers
Alongside the rules introduced in October 2020 by Policy Statement (PS 20/6), the FCA published an accompanying guidance consultation (GC […]
DB Pension
Changes to DB Transfer redress calculations
FCA redress guidance has been updated as at March 2021 – this article explains the background as at the date […]
Should clients take Abridged Advice?
Assessing suitability has always essentially been based around the same overarching principles … The recommended product type should […]
Obligation to provide a suitability report to non-UK residents
Do you have to provide a suitability report for clients that are not UK citizens?
Policy Statement PS 20/06
On 5 June, the FCA published the long awaited policy statement following its consultation from 2019, CP 19/25. The policy […]
PS20/06 – part two
The second part of our series covering the implications of PS20/06. This time ... Abridged Advice.
DB Transfers – FCA data request
The FCA is issuing a further data request to firms in the DB transfer market.
Pensions and Retirement Income – FCA COVID-19 guidance
FCA guidance for pension providers and DB transfer advisers.
Transfer advice – the impact of ongoing charges
Clients should not transfer unless that is in their best interests. The impact of initial and ongoing charges is one […]
Reasons for recommending a transfer or switch that are open to challenge
CP19/25 highlighted some commonly used reasons to transfer/switch that often do not stand up to close scrutiny.